STT hike impact on derivatives volumes
Increased STT on futures and options could dampen trading volumes, though management expects minimal impact on BSE's options-focused growth.
medium · analyst_questionBSE Limited — Q3 FY26
BSE delivered its 11th consecutive quarter of record revenues, with consolidated revenue of ₹1,244 crore (+62% YoY) and PAT of ₹602 crore (+176% YoY).
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Cash market share gains delayed by regulatory bottlenecks
ALGO approval bottlenecks for SOR implementation may slow progress in achieving a level playing field in cash equities.
medium · management_commentarySGF contribution variability
Core SGF contributions depend on complex algorithms and open interest; future contributions may fluctuate despite the 150% threshold.
low · management_commentary